Loading
#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
1020 Spence St Unit #A and #B is listed at $825,000 with 2 bedrooms, 1 full bathrooms, 768 square feet, 0.14-acre lot. This places it above the 78702 median of $722,250.
1020 Spence St Unit #A and #B is zoned for Austin ISD with assigned schools: Sanchez (elementary), Martin (middle), Austin (high). School assignments should be verified directly with the district.
1020 Spence St Unit #A and #B is in East Austin, Austin, Texas. See the full [East Austin neighborhood guide](/neighborhoods/east-austin) for market data, schools, and lifestyle details.
1020 Spence St Unit #A and #B is a Residential built in 1920 featuring 2 bedrooms, 1 full bathrooms, 768 square feet, 0.14-acre lot.
1020 Spence St Unit #A and #B is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Here’s your shot to create something meaningful in one of Austin’s most electric, walkable, and deeply rooted neighborhoods. Set within a 2-lot condo regime in East Austin, this property offers a rare mix of flexibility, views, and history. The existing bungalow on site is full of character and presence, paired with a lot that opens the door to multiple future paths. Whether you’re thinking thoughtful redevelopment, long-term hold, or a layered compound that blends old Austin with what’s next, this one already has a story worth continuing. This home was purchased from the estate of Ernest Rangel Perez, a Tejano legend whose influence on Austin’s music scene still resonates today. This property has always been tied to Austin’s creative pulse, and it still carries that energy in a way you can feel when you stand on the lot and take in the commanding skyline views. Downtown Austin stretches out in front of you, including the Waterline tower, the tallest building in Texas. Architect plans are already in place to preserve the original bungalow while incorporating it into a striking new build designed to capture those views from nearly every angle. The condo regime allows for additional structures, and with recent zoning changes, there’s real flexibility to explore multiple configurations, each with the potential for rooftop city views. Location is everything here, and this one delivers in every direction. Rainey Street is minutes to the west, East 6th and Cesar Chavez sit just north, the Holly District lies to the east, and Lady Bird Lake and Festival Beach are right to the south. With nearby bus routes, quick I-35 access, and the future I-35 cap and stitch project, this pocket is only getting more connected over time. This property is Austin’s culture, past, present, and future, on the same block. It’s a place where music history, neighborhood energy, and the city’s next chapter meet. Cool neighborhood. Real history. Big views. Endless ways to imagine what comes next.
Property Type
Residential
Year Built
1920
Lot Size
0.14 acres
$/Sq Ft
$1,074
Garage
1 spaces
Listed by Christie's Int'l Real Estate
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($165K)
$825,000
Luxury property intelligence
A sourced read on East Austin pricing, timing, and property scale. No automated valuation claim.
List price
$825,000
Price per sqft
$1,074/sqft
Vs. East Austin median
+5.8%
$780K median
Days on market
13 days
Original to current
No verified reduction
$825K original
Active inventory context
19 listings
Price Position in East Austin
Listed 6% above the East Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 11, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in East Austin
Active listings and buyer search context in East Austin
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
1020 Spence St Unit #A and #B is priced at $1,074 per square foot across 768 sqft. The East Austin median list price is $780,000.
The most recent annual property tax for 1020 Spence St Unit #A and #B is $9,447. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($165,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1020 Spence St Unit #A and #B is around $5,068 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $825,000, 1020 Spence St Unit #A and #B is in the East Austin market where there are currently 130 active listings in 78702. The Keenan Group has completed 17 transactions in 78702 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [East Austin guide](/neighborhoods/east-austin).
1020 Spence St Unit #A and #B was built in 1920 (106 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
East Austin is one of Austin's established neighborhoods, zoned for Austin ISD in the 78702 area. The Keenan Group has specialized in East Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
1 event on record
Current Price
$825,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
East Austin is the only neighborhood in the city where you can walk from a James Beard Award-winning restaurant to a converted warehouse gallery to a live music venue to a craft cocktail bar without ever getting in your car. That walkability, combined with a building boom that has reshaped the housing stock over the past decade, makes East Austin the most dynamic real estate market in Central Texas. East Austin stretches from I-35 on the west to Highway 183 on the east, with Lady Bird Lake forming the southern boundary and roughly MLK Boulevard marking the northern edge of the 78702 core. The 78722 zip extends the identity further north and east. Downtown is immediately across I-35 - five minutes by car, 15 by bicycle. East Cesar Chavez, East 6th, and East 7th serve as commercial corridors, each with its own personality. East Cesar Chavez leans toward taquerias and family shops, East 6th trends cocktail bars and restaurants, East 7th mixes galleries with newer retail. Modern townhomes and duplexes make up about 35% of sales activity, concentrated on infill lots. Original shotgun bungalows and Craftsman homes account for 25%, mostly on quieter streets east of Chicon - typically 800 to 1,200 square feet on generous lots with ADU potential. Contemporary custom homes represent 15%, with architects like Bercy Chen and Alterstudio producing some of the most interesting residential design in Texas. Unrenovated bungalows start in the mid-$400s. Renovated historic homes with ADUs land between $700,000 and $1 million. New townhomes cluster around $600,000 to $900,000. Custom builds cross $1.5 million. East Austin falls within Austin ISD. Zavala Elementary and Blackshear Elementary handle early grades. Martin and Kealing Middle Schools are the primary options, with Kealing's magnet program drawing students districtwide. Eastside Memorial High School serves the area, though many families opt for LASA, private schools, or open-enrollment options. The school landscape is more complex than in neighborhoods with a single feeder pattern, and specific addresses matter. The lifestyle is what people picture when they think of modern Austin. Morning starts at Cenote or Fleet Coffee. Franklin Barbecue's line forms early, but locals order ahead. The dining concentration is remarkable. Suerte does modern Mexican with in-house nixtamal. Nixta Taqueria won a James Beard Award. Launderette turns a converted laundromat into one of Austin's best brunch spots. Canje brings Caribbean cooking to Holly Street. Kemuri Tatsu-Ya fuses izakaya with smokehouse. Via 313 has been making Detroit-style pizza since before the current boom. The Butler Trail, Boggy Creek Greenbelt, Roy Guerrero Park, and Mueller Lake Park provide outdoor options. East Austin offers urban density and walkability unmatched outside downtown, at prices that undercut the west side significantly. Compared to South Congress, it provides more housing variety and better value per square foot. Compared to Mueller, it trades master-planned orderliness for more character. The main concerns are the pace of change and the east-west infrastructure divide, which has narrowed but still shows in some areas. East Austin is for buyers who want to live in Austin's cultural energy rather than commute to it. It fits people who eat out frequently, bike to work, and value diversity of experience. It works for investors who see ADU potential in the generous lots. If you need a large lot, a quiet cul-de-sac, or a top suburban school, look elsewhere. But if you want to walk out your front door and feel the pulse of what makes Austin different from every other Texas city, there is no better address.
Looking for more homes in East Austin?
Contact an Expert →Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in M K & T
Active listings near 1020 Spence St Unit #A and #B
Recent sales for market context
